McCarvill Alice 4

Accession 0001062993-23-005501

CIK 0000819793other

View on SEC.gov Company Profile

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 1:26 PM ET

Size

21.3 KB

Accession

0001062993-23-005501

Insider Transaction Report

Form 4

Period: 2023-03-01

ALBANY INTERNATIONAL CORP /DE/AIN

McCarvill Alice

Exec VP Human Resources

Transactions

Exercise/Conversion
Class A Common Stock
2023-03-01+751→ 751 total
Exercise/Conversion
Phantom Stock Units
2023-03-01−751→ 0 total
From: 2019-03-01→ Class A Common Stock (751 underlying)
Award
Class A Common Stock
2023-03-01+4,442→ 6,330 total
Tax Payment
Class A Common Stock
2023-03-01$100.74/sh−2,827$284,792→ 4,216 total
Disposition to Issuer
Class A Common Stock
2023-03-01$109.20/sh−751$82,009→ 0 total
Exercise/Conversion
Class A Common Stock
2023-03-01+713→ 7,043 total
Exercise/Conversion
Restricted Stock Units
2023-03-01−713→ 1,426 total
From: 2023-03-01→ Class A Common Stock (2,139 underlying)

Holdings

Restricted Stock Units
From: 2024-03-01→ Class A Common Stock (1,897 underlying)
1,897
Restricted Stock Units
From: 2022-02-19→ Class A Common Stock (577 underlying)
577

Footnotes (12)

[F1]Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2017 Incentive Plan.
[F10]713 Restricted Stock Units vest on March 1, 2023; 713 Restricted Stock Units vest on March 1, 2024; and 713 Restricted Stock Units vest on March 1, 2025.
[F11]Restricted Stock Units granted February 24, 2023 pursuant to the Albany International Corp. 2017 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
[F12]633 Restricted Stock Units vest on March 1, 2024; 632 Restricted Stock Units vest on March 1, 2025; and 632 Restricted Stock Units vest on March 1, 2026.
[F2]Shares distributed pursuant to vesting of Restricted Stock units granted February 25, 2022.
[F3]Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1 and 2 above.
[F4]Deemed acquisition and disposition to the issuer of shares of stock underlying Phantom Stock Units upon automatic vesting and cash settlement of such units (see footnote 5). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
[F5]Phantom Stock Units granted on February 21, 2019 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
[F6]752 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2019.
[F7]Restricted Stock Units granted February 19, 2021 pursuant to the Albany International Corp. 2017 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
[F8]576 Restricted Stock Units vest on February 19, 2022; 576 Restricted Stock Units vest on February 19, 2023; and 577 Restricted Stock Units vest on February 19, 2024.
[F9]Restricted Stock Units granted February 25, 2022 pursuant to the Albany International Corp. 2017 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.

Documents

2 files

Issuer

ALBANY INTERNATIONAL CORP /DE/

CIK 0000819793

→

Entity typeother

Related Parties

filerCIK 0001767423

Filing Metadata

Form type: 4
Filed: Mar 1, 7:00 PM ET
Accepted: Mar 2, 1:26 PM ET
Size: 21.3 KB

View on SEC.gov